Schloss Bangalore Limited has informed the Exchange regarding Change in Auditors of the company.
THELEELA · price
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The Board of Schloss Bangalore Limited (The Leela) approved three items at its meeting on August 22, 2025. First, it appointed M/s Makarand M Joshi & Co, a peer-reviewed firm of practicing company secretaries, as Secretarial Auditor for five years (FY2025-26 to FY2029-30), subject to shareholder approval. Second, the company proposed changing its name from 'Schloss Bangalore Limited' to 'Leela Palaces Hotels & Resorts Limited', with corresponding amendments to its Memorandum and Articles of Association, pending shareholder and regulatory approvals. Third, it recommended the re-appointment of Mr. Anuraag Bhatnagar as Whole-Time Director (retiring by rotation). The AGM is scheduled for September 19, 2025.
These are largely routine corporate housekeeping items — a name change aligning with the hotel's consumer-facing brand 'The Leela', a standard secretarial auditor appointment, and a director re-appointment. No material financial or governance red flags for shareholders; the stock symbol (THELEELA) and ISIN remain unchanged.